Bushveld Minerals Share Discussion Threads

[coldspring] 16/11/2020 16:58

So you are selling up then? Not very happy? You must be after all you have been completely shafted by a bunch of no hopers......if you keep ANY holding then you must be long term bullish.......

[nvhltd] 16/11/2020 15:40

Just the commissioning phase is scheduled to take 93 days from March 2022.

[nvhltd] 16/11/2020 15:32

You need to see and read the project plan. The plant is handed over to the client on 19th July 2022 if everything goes to plan. So around 20 months from now before we can even start to produce.

Only then can we start producing the annual capacity of 200MWh of electrolyte(or more?).

[vauch] 16/11/2020 14:58

So around 12 months time then.

[mauricegarin1] 16/11/2020 14:36

Courtesy of BBN just posted on Twitter

Eskom tenders aside (which are nice to haves but not critical to the electrolyte plants success), it looks like we will see a live electrolyte plant, in play, in 2021, which completes yet another element of the BMN value chain.

[nvhltd] 16/11/2020 14:12

Despite the fake news from various posters claiming that satellite imagery proved the electrolyte plant construction had started many months ago the truth is the construction won’t start until February 2021 at the earliest and will not finish until July 2022. Even that is only the point when the plant gets handed over to us. I can’t see us being fully operational for a further 6 months while the plant is ramped up.

So we are looking towards the end of 2023 to have the first full year production. So much for being in production in 2019!

So again I’m neither ramping or being negative when it was blindingly obvious that these delays meant we didn’t have a cat in hells chance of supplying our own electrolyte to the ESKOM BESS.

So much for vertical integration and profiting from multiple revenue streams for the ESKOM BESS. Based on the fact we will almost certainly be coat tailing off the back of a suitably experienced contractor, not be making the VRFB’s with one of our 2 VRFB manufacturers or producing electrolyte our share of the pie will be significantly diluted and diluted further because I can’t see us winning all of it.

Our BoD has failed at every turn to be ready when required despite 5 years of preparation.

[capablanca64] 14/11/2020 18:52

https://twitter.com/capablancaj/status/1327666265566089219?s=21

[shieldbug] 14/11/2020 17:48

Zwift - if you think the company is employed in vanity projects it might worth considering investing elsewhere.

[zwift] 14/11/2020 14:50

All this mini grid stuff is a bit of a side show at the moment IMO
We need to rapidly increase production If we want to get these vanity projects up and running
To many fingers in to many pies for me

[parob] 14/11/2020 13:50

Ferro Vanadium 80% Price USD / kg

Europe : US$23.25/kg (+0.87%)
Nov 13, 2020

First upward movement for two months. Have we seen the bottom?

[dontay] 13/11/2020 14:12

2 x million + after hours trades from yesterday now listed. GS or YD?

[dontay] 13/11/2020 12:42

YD had 33,914,729 shares. Their original stake was transferred to their Orange Trust vehicle last year.This tranche of shares were part payment of the early settlement pay off from BMN. They now look to be now have/are in the process of getting out. OT ARE still listed with well over 70 million... but as these are also in fact YD's beneficial shares ... how long for could now be the burning share price question!

[plat hunter] 13/11/2020 11:25

7 sessions out of last 8 on the 5 hour candles, support has bounced off 12.5

[dontay] 12/11/2020 21:56

12TH NOVEMBER 2020Mining group Glencore has issued a pre-qualifying tender for companies interested in supplying 'alternative green' electricity and storage solutions to its chrome and vanadium operations in South Africa.In the tender notice, Glencore Alloys states that the generation facilities should have a capacity to produce between 10 MW and 20 MW of electricity, with storage capacity of 1 MWh to 2 MWh.These generators and storage assets would be located on site at Eastern Chrome Mines, Rhovan Vanadium and Western Chrome Mines and should produce zero- or low-carbon energy for use by the operations.Glencore is aiming to prequalify companies that can fund, supply, build, own and operate the energy assets and says that it will accept offers from independent power producers, in the form of power purchase agreements, as well as from companies offering turnkey engineering, procurement and construction management solutions.The Glencore Alloys tender also follows on from news that Bushveld Minerals is continuing to progress a hybrid minigrid project being developed at the Vametco vanadium mine, near Brits. The project comprises 3.5 MW of solar photovoltaic (PV) generation and 4 MWh of vanadium redox flow battery storage. Bushveld has appointed Abengoa to manage the engineering, procurement and construction of the project.Glencore Alloys says the technology solutions are not confined to solar PV, wind generators and lithium batteries, reporting that it will consider other solutions "with a very low or zero carbon footprint".The closing date for submissions is 12:00 on November 26. Https://www.miningweekly.com/article/glencore-tests-market-for-self-generation-solutions-at-chrome-vanadium-operations-2020-11-12

[dontay] 12/11/2020 16:29

https://www.forbes.com/sites/mikescott/2020/11/12/renewable-electricity-set-to-power-past-coal-and-gas-by-2025/amp/?utm_medium=referral&utm_source=updayGlobal economic growth has dropped this year because of Covid-19 and the energy sector has been among the hardest-hit, with oil prices at one point turning negative as demand slumped.However, one part of the energy industry has defied the downturn – and is set to post record growth this year and next. Cost reductions and sustained policy support are set to drive strong growth in renewable energy.This will see total wind and solar PV capacity exceed natural gas in 2023 and coal in 2024, with offshore wind being one of the fastest-growing markets as its costs plummet. By 2025, renewables will have usurped coal to become the biggest source of electricity generation globally.The renewable energy sector feared that its momentum would be stopped in its tracks by the pandemic, but that has not happened, according to the International Energy Agency. Its new Renewables 2020 report says that almost 200GW of new clean power capacity will be installed in 2020, almost 90% of all new power capacity around the world.Renewable electricity generation will increase by 7% globally in 2020, underpinned by the record new capacity additions, the Agency says. This growth comes despite a 5% annual drop in global energy demand, the largest since the Second World War."In 2025, renewables are set to become the largest source of electricity generation worldwide, ending coal's five decades as the top power provider," said the IEA's executive director Fatih Birol. "By that time, renewables are expected to supply one-third of the world's electricity – and their total capacity will be twice the size of the entire power capacity of China today."This expansion was driven by wind, solar and hydro-electric power, and was in part boosted by developers rushing to take advantage of expiring incentives in both China and the US. Next year's growth – expected to be almost 10%, the highest rate since 2015 – is set to be led by India and the European Union as projects in the pipeline before the pandemic are completed and commissioned. India's renewable energy sector is set to double in 2021."Renewable power is defying the difficulties caused by the pandemic, showing robust growth while other fuels struggle," said Dr Birol. "The resilience and positive prospects of the sector are clearly reflected by continued strong appetite from investors – and the future looks even brighter with new capacity additions on course to set fresh records this year and next."Global growth in renewable capacity in the first 10 months of 2020 is already 15% higher than the same period last year, despite the pandemic, and growth is set to continue. These strong fundamentals have lifted share prices in the sector despite the pandemic, with solar stocks in October more than double their value at the end of 2019.For growth to continue, policymakers will need to create a welcoming environment for investment in the sector, says the IEA, which has traditionally taken a very conservative view on renewable energy growth. A number of markets need to act, but sentiment in the sector has been helped by new net zero commitments from three of Asia's biggest emitters – China, Japan and South Korea – and the election of Joe Biden as US president. Mr Biden made tackling climate change one of his key campaign platforms and he has pledged to rejoin the Paris Climate Agreement on his first day in office.Even Russian president Vladimir Putin has ordered his government to work towards meeting the aims of the Paris Agreement. This will put pressure on other laggards such as Australia, the world's biggest coal exporter, to introduce more climate-friendly policies too. But measures such as these could help the solar and wind markets to grow by another quarter in 2022."Renewables are resilient to the Covid crisis but not to policy uncertainties," said Dr Birol. "Governments can tackle these issues to help bring about a sustainable recovery and accelerate clean energy transitions. In the United States, for instance, if the proposed clean electricity policies of the next US administration are implemented, they could lead to a much more rapid deployment of solar PV and wind, contributing to a faster decarbonisation of the power sector."Under favourable policy conditions, such as effective support for rooftop solar, PV annual additions could reach a record level of 150GW by 2022, an increase of almost 40% in just three years, the IEA says.But while renewables in the power sector are going from strength to strength, the Covid crisis has hit electric vehicles and renewable heat hard. The decline in economic activity and consequent fall in oil prices has cut biofuel use, while the slowdown has limited the expansion of the EV market and the demand for bioenergy in industry. That means that overall growth of renewable energy in 2020 is set to be just 1%, although this compares favourably to the 5% drop in overall energy demand.

[dontay] 12/11/2020 16:11

YD have just disappeared from BMN's latest list of their top 10 shareholders. http://www.bushveldminerals.com/capital-structure-shareholder-information/

[jc2706] 12/11/2020 15:51

Dontay,

What makes you think that Yellow Dragon are selling?

[maroon bells] 12/11/2020 15:26

A golden cross should be achievable on the chart by the end of the year.

[dontay] 12/11/2020 12:13

Those sales could be from Yellow Dragon not GS. BMN look to have also lost a past very major supporter and past investor in Yellow Dragon. Wonder if its a fall out from Orion getting the whole of the rest of the finance packages and YD have had their investment nose put out of joint!

[parob] 11/11/2020 16:46

So according to DaddyBigBucks on the lse bb who I presume has seen the share register:As of the 5th November Golden Summit had 10,920,000 left.Then yesterday these trades went through which showed up today.About 9.75M in total:10-Nov-20 16:01:12 12.375 1,148,400 Sell* 12.50 12.75 142.11k 10-Nov-20 16:36:40 12.15 2,000,000 Sell* 12.50 12.75 243.00k 10-Nov-20 16:01:15 12.375 1,000,000 Sell* 12.50 12.75 123.75k 10-Nov-20 16:01:08 12.375 1,343,600 Sell* 12.50 12.75 166.27k 10-Nov-20 15:54:55 12.375 4,260,078 Sell* 12.50 12.75 527.18k

[plat hunter] 11/11/2020 16:04

Nice set up on the 5hr chart, the last time this happened was the 14th October and it went from sub 11p to 15p in quiet quick order too...(The one that got away - sad emoji)A bullish harami is a candlestick chart indicator for reversal in a bear price movement. It is generally indicated by a small increase in price (signified by a white candle) that can be contained within the given equity's downward price movement (signified by black candles) from the past couple of days.

[plat hunter] 11/11/2020 15:11

14p by friday?